The Trade War Begins: US Announces Target List On $50BN In Chinese Tariffs; Beijing Retaliates

Update:  Beijing responded that it would retaliate with tariffs in equal scale to the $50BN of duties on Chinese goods unveiled by the Trump administration.

“China will immediately introduce countermeasures of the same scale and strength,” an unnamed Chinese commerce ministry spokesperson announced on the ministry’s website.

  • CHINA SAYS DOESN'T WANT TRADE WAR, BUT WILL HAVE TO RETALIATE
  • CHINA TO IMMEDIATELY TAKE MEASURES OF SAME SCALE AGAINST U.S.
  • CHINA COMMERCE MINISTRY SAYS THE MEASURES HARM INTERESTS ON BOTH SIDES

Earlier in the day, Chinese Foreign Ministry spokesman Geng Shuang told a regular daily news briefing said that “If the United States takes unilateral, protectionist measures, harming China’s interests, we will quickly react and take necessary steps to resolutely protect our fair, legitimate rights.”

The ministry did not provide a full list of the tariffs or details about when they would be imposed. “At the same time, all the economic and trade-related achievements previously reached by the two sides will be rendered invalid,” the ministry cited the spokesperson as saying, referring to the results of earlier rounds of China-US trade talks.

Meanwhile, US Trade Rep was on Fox News where he tried to downplay the significance of the trade war and the severity of the moves, and says that he hopes that they don't lead to a "rash" reaction from China.

  • LIGHTHIZER: HOPE THAT THIS LEADS THIS TO FURTHER NEGOTIATIONS
  • LIGHTHIZER CALLS CHINA TARIFFS VERY MODERATE, VERY APPROPRIATE
  • LIGHTHIZER: U.S. CAN'T FIND ITSELF SECOND TO CHINA IN TECH
  • USTR'S LIGHTHIZER SPEAKS ON FOX BUSINESS NETWORK
  • LIGHTHIZER: HOPE TARIFFS DOESN'T LEAD TO RASH CHINESE REACTION

* * *

At 8am EDT on Friday, as previewed extensively the  the US formally announced the list of Chinese products to be hit with tariffs.

In the first official shot in the US-Chinese trade wars, the US will implement 25% tariff on $50BN in Chinese imports, representing 1,102 product lines with the list of imported goods among those listed on China’s 2025 plan.

The tariffs will be implemented in two tiers, the first one on July 6, and will cover $34BN in imports, and a second wave, which will cover the remaining $16BN, or 284 product lines, and will undergo further review in a public notice and comment process, including a hearing.

Today's official escalation followed the disclosure in April of a preliminary list targeting about 1,300 products worth $50 billion in Chinese imports, and which was subject to public comment.

Having warned earlier in the week that he would confront China “very strongly” over trade in the coming weeks, Trump this morning said in a statement that the “The United States can no longer tolerate losing our technology and intellectual property through unfair economic practices."

He added that “These tariffs are essential to preventing further unfair transfers of American technology and intellectual property to China, which will protect American jobs,” he said. “In addition, they will serve as an initial step toward bringing balance to the trade relationship between the United States and China.”

Some more details on the list of goods:

  • USTR SAYS LIST INCLUDES 1,102 PRODUCT LINES TOTALING $50B
  • USTR SAYS CHINA TARIFF LIST CONSISTS OF TWO SETS
  • USTR SAYS FIRST SET OF CHINA TARIFFS TO START JULY 6
  • USTR SAYS FIRST SET OF CHINA TARIFFS TO COVER $34B IN IMPORTS
  • USTR TO FURTHER REVIEW $16B IN IMPORTS IN 2ND WAVE OF TARIFFS

Just as notable, the US vowed to pursue more tariffs if China retaliates, which as we speculated, is the reason why the Trump admin also plans on releasing a list of $100BN in goods subject to tariffs, and which can be implemented as soon as 60 days.

The full statement by the President Regarding Trade with China is below:

My great friendship with President Xi of China and our country's relationship with China are both very important to me. Trade between our nations, however, has been very unfair, for a very long time. This situation is no longer sustainable. China has, for example, long been engaging in several unfair practices related to the acquisition of American intellectual property and technology. These practices, documented in an extensive report published by the United States Trade Representative (USTR) on March 22, 2018. harm our economic and national security and deepen our already massive trade imbalance with China.

In light of China's theft of intellectual property and technology and its other unfair trade practices, the United States will implement a 25 percent tariff on S50 billion of goods from China that contain industrially significant technologies. This includes goods related to China's Made in China 2025 strategic plan to dominate the emerging high-technology industries that will drive future economic growth for China. but hurt economic growth for the United States and many other countries. The United States can no longer tolerate losing our technology and intellectual property through unfair economic practices.

These tariffs are essential to preventing further unfair transfers of American technology and intellectual propertv to China. which will protect American jobs. In addition. they will serve as an initial step toward bringing balance to the trade relationship between the United States and China.

The United States will pursue additional tariffs if China engages in retaliatory measures, such as imposing new tariffs on United States goods, services, or agricultural products: raising non-tariff barriers: or taking punitive actions against American exporters or American companies operating in China.

And here is the full announcement from the US Trade Rep website:

SECTION 301 PRODUCT LIST

  • On April 3, 2018, USTR announced a proposed list of approximately 1,300 tariff lines valued at an estimated $50 billion.  The list was published in the Federal Register on April 6, 2018.
  • To develop the initial proposed list, USTR worked with other agencies to identify products that serve to advance or unfairly benefit from China’s distortive industrial policies.   
  • This proposed list underwent extensive public comment.  Interested persons filed approximately 3,200 written submissions.  In addition, USTR and the Section 301 Committee convened a three-day public hearing from May 15-17, 2018, during which 121 witnesses provided testimony and responded to questions.
  • USTR and the interagency Section 301 Committee have carefully reviewed the public comments and the testimony at the three-day public hearing.  In addition, and in accordance with the President’s direction, USTR and the Section 301 Committee carefully reviewed the extent to which the tariff subheadings in the April 6, 2018 notice cover products containing industrially significant technology, including technologies and products related to the “Made in China 2025” initiative.
  • Based on this review process, the list of products announced today:  
    • Removes 515 product lines from the initial proposed list;
    • Recommends adding 284 product lines to target products that benefit from China’s industrial policies;
    • Maintains 818 products lines from the initial proposed list unchanged.
  • The 284 product lines being proposed will now undergo further review in a public notice and comment process, including a hearing. After completion of this process, USTR will issue a final determination on the products that would be subject to the additional duties.
  • USTR will provide an opportunity for the public to request exclusion of a particular product from the additional 25 percent duty. USTR will publish the details of this product exclusion process in a subsequent Federal Register notice.

And now we wait China's retaliation. 

Here is the full list of goods subject to tariffs, first from List A (pdf link here):

 

And then List B (pdf link here):

Comments

HopefulCynical DingleBarryObummer Fri, 06/15/2018 - 08:25 Permalink

China fucks the world over and has for decades. They have no shame whatsoever. So far as they're concerned, they're superior to every other tribe of humans on Earth (gee, who does THAT sound like?!), and so stealing IP from us isn't REALLY stealing, sort of how like butchering a hog isn't seen as murder. Yes, that is an apt analogy for how the Chinese (as a society, not every single individual) see the rest of humanity.

Is Trump's tariff war going to cause some short term pain? Yep. Can we survive letting the ChiComs ass-rape us for another few decades? Nope. So pick your poison. Everyone here is always bitching about how the Fed's [CTRL+P] program is stealing from the next generations. What do you call letting China keep getting away with robbing us blind, until they've completely destroyed the wealth and productivity of our nation? "Well gee, if we confront them now it might mess up my plans to buy that summer home. I think we shouldn't rock the boat." Then you can spend the rest of eternity knowing even your great-great-grandkids will be spitting on your grave and cursing your name - in MANDARIN...

In reply to by DingleBarryObummer

Rapunzal BaBaBouy Fri, 06/15/2018 - 09:00 Permalink

Those trade wars are contrived by the bankster cabal. First they ship our jobs overseas to enslave the Chinese labor force. They were all buddy buddy with Chinese oligarch. But now they need a reason for the coming collapse. To hide their next theft/wealth transfer. 

In reply to by BaBaBouy

mark1955 Rapunzal Fri, 06/15/2018 - 09:09 Permalink

YEP! Agree 100%!

 

Also, if President Donald "Gun Control" Trump, is so "Concerned" about "DEFICITS", how about the Tens of Trillions of DEFICIT spending by our own government Treasonously, by bringing illegals over and putting them immediately on Entitlements and Endless and needless Military spending?

In reply to by Rapunzal

mark1955 mark1955 Fri, 06/15/2018 - 09:25 Permalink

HEADS UP Everyone!!!

 

Today is another...False Flag FRIDAY! Huge Number of FBI STAGED events on Friday's!

 

Be on the alert for another FBI STAGED Mass "Shooting" or Hostage Taking event today or this weekend, to Try and capitalize on the Anniversary ( June 12th, 2016 ) of the Orlando 'Pulse Night Club' STAGED "Shooting" to Try and get More Gun Control.

 

If "Anything" Happens, DEMAND HD Video proof!

In reply to by mark1955

philipat eforce Fri, 06/15/2018 - 09:58 Permalink

One thing that everyone is overlooking in this debate is that nobody FORCED US Corporations to manufacture in China. They did so because all they care about is the bottom line and they don't give a fuck about the American people. Neither does the Gubmin but that's another debate.

The fact is that China retains NONE of the incremental profit from cheap labor manufacturing. They benefit from employment and a small (typically 10% or less) margin for contract manufacturing. All the profit, including the incremental profit, gets siphoned off by US Corporations using transfer pricing and various IP fees to tax haven countries such as Ireland so as even to avoid paying US taxes on the profits. Remember that if the profits were accrued in the US, the import prices would be lower and the profit margins, and taxes paid, would be commensurately higher in the US, reflecting the true (lower) cost of manufacture and the trade deficit would be very much smaller. So blaming China is a little like "shooting the messenger".

Said US Companies impacted by tariffs will now simply move manufacturing from China to Vietnam, Bangladesh, Thailand, Indonesia etc. and will not return to manufacturing in the US, even though I agree that it is in the best interests of all Americans that they should do so (See paragraph 1 above).

Oh, and those profits will just sit offshore until USG grants the next "one-time" tax amnesty to allow them to be brought home tax free or thereabouts.

See how the game works?

In reply to by eforce

helltothenah Four Star Fri, 06/15/2018 - 10:10 Permalink

It's so pathetic that fools think these "jobs are coming back"

They will only come back if Americans work for Chinese slave labor wages

or

when American companies get enough corporate welfare grease to make it worth it.

Either way prices go way up meanwhile wages will...... well you fucking know.

Remind me, which one is winning???

In reply to by Four Star

raging-chihuahua wadalt Fri, 06/15/2018 - 11:02 Permalink

Leakanthrophy's PORN  and  MoreSun's WHACKED RAVINGS  and Biblicism SPAM ( Wadalt: "IsraHELL did it")    AND    TodaysFox SPAM ("I made $7000 sucking cock on the Internet") --> IT's ALL THE SAME SPAMMER ---> ME!!! (Hi!)   WELCOME  to our new Today's Fox SPAMMING tranny:  s12940448

HELLO SPAM-LOVERS!!!   BIG UP from the SPAMMER BUNKHOUSE here in the Methfilled Valley Trailer Park in Methfilled Valley, PA.  Good to see my men powow, Leakanthrophy and Wadalt and  PrivetHedge  and our newbies  MoreSun (a real bacon-loving attack dog!) and CHEOLL and sanctificado  and  gzcekkyret  out from under the couch sucking their own dicks at 3 a.m. and back on the threads SPAMMING like a Grease Fire in the middle of the night!!!! 

Welcome newbie MoreSun talking some heavy attack shit at 3am!    DARWIN, our Master Spammer is whacked!!!

THIS is an important week here in the SPAMMER's BUNKHOUSE (the leaking moldy single-wide in the trailer park).  This week I (we?) are celebrating SEVEN YEARS here on ZH, obsessively SPAMMING every thread we can with off-topic comments.  You see, there are dozens of "personalities" living in this one single sad SPAMMER's sick little mind, which he calls "Spammer's Bunkhouse."  How sick is that? 

Each of "us" (these innumerable fake log-on's) is represented by an ACTION FIGURE that Master Spammer ("DARWIN" is his name -- can you believe that?)  lines up on his kitchen counter and TALKS TO!!  WHACK JOB!!!

 

SAD BUT TRUE!!  I (we?) have wasted my (our) youth (or at least the last seven years) with at least one hand in my pants and the other hand SPAMMING ZH.  Yes, indeed.  DOZENS and DOZENS (maybe hundreds) of log-on's banned -- 
>>  "I made $7500 last week on the Internet sucking cock!": that's me.
>>  Biblicism: that's me.
>>  All the porn at Celebrity-leaks: that's me.
>>  Daily Westerner: that's me.

>>  "In the news....SPAMMER broomsticked by furious readers" -- registered in Nigeria) :: that's me TOO!! 

That's our life (all of us living in Master Spammer's Mind): mopping the floor at the Porn Cinema at 2am, working the French Frier at SONIC (demoted from the drive-thru window 'cuz my ZIT-covered face scared the customers), sucking cock on the Internet, and spamming ZH with an enormous Excel spreadsheet of the log-on's of dozens of "digital friends" who upvote one another and virtually suck my little micro penis..

MEET my current imaginary friends.  We all live in one SPAMMER's HEAD (and as ACTION FIGURES on his kitchen counter) but as for me, I have gone off the reservation.  These other "personalities" are pretty troubled.

More Sun  <<<  NEWBIE (a real bacon-loving attack dog!)
Cheoll   <<<  NEWBIE
Powow  <<<  NEWBIE
sanctificado  <<<  NEWBIE

gzcekkyret     <<<  NEWBIE
Wadalt
Leakanthrophy
PrivetHedge
bobcatz
Jumanji1959
Annunaki

ll951983  <<< NEWBIE  sucks cock on the Internet -- joined "The Fallen"
Mr Hankey  [R.I.P]   <<<  total utter WHACK JOB  -- joined "The Fallen"

You know SPAMMERS never die on ZH -- here's just a sampling of the banned log-on's ("The Fallen Spammers") ---

 beepbop, pier, lloll, loebster, ergatz, armada, Mtnrunnr, Anonymous, luky luke, Cjgipper, winged, moimeme, macki mack, tchubby, sincerely_yours, HillaryOdor, winged, lexxus, kavlar, lhomme, letsit, tazs, techies-r-us, stizazz, lock-stock, beauticelli, Mano-A-Mano, mofio, santafe, Aristotle of Greece, Gargoyle, bleu, oops, lance-a-lot, Loftie, toro, Yippee Kiyay, lonnng, Nekoti, SumTing Wong, King Tut, evoila, rp2016, alt right dude, altright-girl, alt-right girl, Blufin, Schlomo Scheklestein, BraveForce, Mr Hankey, sandraloopz0, enf83, ll951983

In reply to by wadalt

jimijon philipat Fri, 06/15/2018 - 10:22 Permalink

And then came Trump. So far all the existing status quo systems he has put his sights on have been turned upside down. He is a builder. He wants thing built in America. His calling out of politicians with embarrassing nick names can easily be pointed at the treasonous corporate, greedy CEO/Stockholders. Throw in some crypto currency/block chain revolutions and a new renaissance will be born right here in the USA!

 

In reply to by philipat

snblitz philipat Fri, 06/15/2018 - 14:25 Permalink

nobody FORCED US Corporations to manufacture in China

US citizens can individually impose their own tariffs.  All they have to do is buy domestically produced goods and services. Buy local.

https://www.finitespaces.com/2018/03/20/protectionism-vs-why-buying-locally-makes-you-wealthy/

No one talks about the "multiplier effect" any more, except me.  If I buy a US made car, US workers get jobs.  Hopefully they spend their income on US goods likes shoes.  The US shoemaker spends his income on US made shirts, on so on.

If I buy a foreign made car, all those US workers are on welfare.

Now even if paying a little more to provide your fellow citizens with a job is asking too much of you.  How about paying the same or less?

If you pay a little extra for your US made goods, your taxes go down as the welfare roles are smaller.

US Companies impacted by tariffs will now simply move manufacturing from China to Vietnam, Bangladesh, Thailand, Indonesia etc.

That has been happening for years.  Labor costs went up in China, and manufacturers having been moving elsewhere.  Back in the 2003 - 2009 I was working in Beijing and watch the cost of Chinese programmers double.

In reply to by philipat

gallistic philipat Fri, 06/15/2018 - 19:27 Permalink

"See how the game works?"

+1 Mother-Fucking Thousand!

 

Congratulations philipat- you absolutely crushed it and injected a sorely needed, healthy dose of reality to the lemmings.

Nike, Apple, Cisco, Wal-Mart, IBM, (insert US Corp. here), and all the usual suspects are not named in the "indictment"; only CHINA is.

That is the way the Plutocracy rolls.

The Lemmings' heads would explode if they realized how much of this so-called Trade Imbalance is voluntarily caused by soulless USAmerican corporations fucking their own and "consenting" to technology-sharing.

In reply to by philipat

raging-chihuahua s12940448 Fri, 06/15/2018 - 10:14 Permalink

Biblicism ( Wadalt: "IsraHELL did it")    AND    TodaysFox ("I made $7000 sucking cock on the Internet") --> IT's ALL THE SAME SPAMMER!   WELCOME  to our new Today's Fox SPAMMING tranny:  s12940448

HELLO SPAM-LOVERS!!!   BIG UP from the SPAMMER BUNKHOUSE here in the Methfilled Valley Trailer Park in Methfilled Valley, PA.  Good to see my men powow, Leakanthrophy and Wadalt and  PrivetHedge  and our newbies  MoreSun (a real bacon-loving attack dog!) and CHEOLL and sanctificado  and  gzcekkyret  out from under the couch sucking their own dicks at 3 a.m. and back on the threads SPAMMING like a Grease Fire in the middle of the night!!!! 

Welcome newbie MoreSun talking some heavy attack shit at 3am!    DARWIN, our Master Spammer is whacked!!!

THIS is an important week here in the SPAMMER's BUNKHOUSE (the leaking moldy single-wide in the trailer park).  This week I (we?) are celebrating SEVEN YEARS here on ZH, obsessively SPAMMING every thread we can with off-topic comments.  You see, there are dozens of "personalities" living in this one single sad SPAMMER's sick little mind, which he calls "Spammer's Bunkhouse."  How sick is that? 

Each of "us" (these innumerable fake log-on's) is represented by an ACTION FIGURE that Master Spammer ("DARWIN" is his name -- can you believe that?)  lines up on his kitchen counter and TALKS TO!!  WHACK JOB!!!

 

SAD BUT TRUE!!  I (we?) have wasted my (our) youth (or at least the last seven years) with at least one hand in my pants and the other hand SPAMMING ZH.  Yes, indeed.  DOZENS and DOZENS (maybe hundreds) of log-on's banned -- 
>>  "I made $7500 last week on the Internet sucking cock!": that's me.
>>  Biblicism: that's me.
>>  All the porn at Celebrity-leaks: that's me.
>>  Daily Westerner: that's me.

>>  "In the news....SPAMMER broomsticked by furious readers" -- registered in Nigeria) :: that's me TOO!! 

That's our life (all of us living in Master Spammer's Mind): mopping the floor at the Porn Cinema at 2am, working the French Frier at SONIC (demoted from the drive-thru window 'cuz my ZIT-covered face scared the customers), sucking cock on the Internet, and spamming ZH with an enormous Excel spreadsheet of the log-on's of dozens of "digital friends" who upvote one another and virtually suck my little micro penis..

MEET my current imaginary friends.  We all live in one SPAMMER's HEAD (and as ACTION FIGURES on his kitchen counter) but as for me, I have gone off the reservation.  These other "personalities" are pretty troubled.

More Sun  <<<  NEWBIE (a real bacon-loving attack dog!)
Cheoll   <<<  NEWBIE
Powow  <<<  NEWBIE
sanctificado  <<<  NEWBIE

gzcekkyret     <<<  NEWBIE
Wadalt
Leakanthrophy
PrivetHedge
bobcatz
Jumanji1959
Annunaki

ll951983  <<< NEWBIE  sucks cock on the Internet -- joined "The Fallen"
Mr Hankey  [R.I.P]   <<<  total utter WHACK JOB  -- joined "The Fallen"

You know SPAMMERS never die on ZH -- here's just a sampling of the banned log-on's ("The Fallen Spammers") ---

 beepbop, pier, lloll, loebster, ergatz, armada, Mtnrunnr, Anonymous, luky luke, Cjgipper, winged, moimeme, macki mack, tchubby, sincerely_yours, HillaryOdor, winged, lexxus, kavlar, lhomme, letsit, tazs, techies-r-us, stizazz, lock-stock, beauticelli, Mano-A-Mano, mofio, santafe, Aristotle of Greece, Gargoyle, bleu, oops, lance-a-lot, Loftie, toro, Yippee Kiyay, lonnng, Nekoti, SumTing Wong, King Tut, evoila, rp2016, alt right dude, altright-girl, alt-right girl, Blufin, Schlomo Scheklestein, BraveForce, Mr Hankey, sandraloopz0, enf83, ll951983

In reply to by s12940448

Yellow_Snow Rapunzal Fri, 06/15/2018 - 09:17 Permalink

Tariffs are basically a VAT, I lived in South America where there are a lot of tariffs...  Did they help the domestic economy?   not really... and they added to inflation.  Where does the money go?  The government keeps it, in Amerika's case it will be used for 'Moar War' and False Flags spending...

This will be a massive Tax levied on the peoples of Amerika  !!!

In reply to by Rapunzal

HisBoyElroy Rapunzal Fri, 06/15/2018 - 11:18 Permalink

This is all about Jew intellectual property, think movies and merchandising nothing more nothing less. 10 years ago my kid was into the NFL, I found a Chinese website with jerseys, I bought a few for $20 each and free shipping. I thought knockoffs ironed on decals..... nope these were authentic, stitched and beautifully done. I ordered a bunch more for my adult friends and became  a neighborhood hero.ICE shut the site down in a year or so. Just like with medication Americans cannot benefit from globalization.

 

In reply to by Rapunzal

LOL123 Rapunzal Fri, 06/15/2018 - 11:33 Permalink

Exactly! Glad to see someone is awake. This has happened before prior to ww11. 

History lesson 101:

Few people know the facts about the singular event that helped spark what ultimately became known as World War II - the international Jewish declaration of war on Germany shortly after Adolf Hitler came to power and well before any official German government sanctions or reprisals against Jews were carried out. The March 24, 1933 issue of The Daily Express of London (shown above) described how Jewish leaders, in combination with powerful international Jewish financial interests, had launched a boycott of Germany for the express purpose of crippling her already precarious economy in the hope of bringing down the new Hitler regime. It was only then that Germany struck back in response. Thus, if truth be told, it was the worldwide Jewish leadership - not the Third Reich - 

In reply to by Rapunzal

onewayticket2 beemasters Fri, 06/15/2018 - 08:49 Permalink

Right.  

Tax cuts be damned.

 

What trump doesnt seem to get is that government s WANT 100% tax increases.  Especially the further leftist ones - like China.   He is used to someone on the other side of the price increase who actually does NOT want to pay more.  This is a golden ticket for governments to do what they do best.  RAISE TAXES.  

 

 

In reply to by beemasters

ratpack1968 beemasters Fri, 06/15/2018 - 09:22 Permalink

Yeah, but maybe American consumers need a little slap because printing money to the tune of $20 Trillion and counting so that dopey Americans can buy Plasma TV's and $250 sneakers made by children in sweatshops is unsustainable long-term. The lack of manufacturing and capital investment has created a renter economy of haves and have nots and if we don't fix it now, it isn't going to end well.

In reply to by beemasters

dirty fingernails ratpack1968 Fri, 06/15/2018 - 10:35 Permalink

I was unaware that the excessive printing was so I could buy shit. It looks like its so the gov can buy war toys, topple governements, run non-stop war games/"drills" on the NK border, pay themselves exorbitant salaries, give themselves fantastic healthcare, and pave over the economic wasteland at home. I haven't received my check for $77,000 yet so no buying for me.

In reply to by ratpack1968

Offthebeach beemasters Fri, 06/15/2018 - 11:08 Permalink

Can't stand the word "consumer".  Hows about customer?

Consumer is so base.  Falsely  reductionist.

Another word, popular amongst little self important gov hacks, is "civilian".  Instead of citizen.  It is as if town workers, the police, and now hardly ever put out fires, firemen are West Point and Command and Staff graduates. Also, their town j-o-b-s.. the self appointed , ebay/Amazon bought rank is a joke.  Police Chiefs got hand full of cars and 20 workers and is wearing 5 stars like he's  George Patton.

In reply to by beemasters

josecanyousee HopefulCynical Fri, 06/15/2018 - 08:39 Permalink

Yep, China's been at it for a while. The trade war has been on full throttle with the former USA administrations & industry heads treasonably letting the other side bleed away our manufacturing in exchange for cheap-ass no quality junk. A real American president finally returns salvos in a war that has ALREADY been on. Trump is just responding, but he is not the one that initiated this "trade war". About time the formerly great USA does something about it, long past it actually. MAGA.

In reply to by HopefulCynical

Amendment X josecanyousee Fri, 06/15/2018 - 09:22 Permalink

"...in exchange for cheap-ass no quality junk"  TRUE STORY: A number of years ago (15 or so) a jet ramp at a DFW terminal failed and injured a small number of people and including a flight attendant who became a paraplegic. The resulting investigation came down to large pins/bolts that were supposed to secure the ramp to the terminal. Metallurgical tests determined the made in China pins/bolts did not meet engineering standards and were made with an inferior alloys. Oh well, all that matters is the lowest bidder won!

Source: DFW Executive

To hell with the Chi-comms. Bring it on!

In reply to by josecanyousee

dirty fingernails Amendment X Fri, 06/15/2018 - 12:00 Permalink

I know for a fact that a warehouse chain that distributes bolts, nuts, rivets, etc to manufacturing across much of the US has nothing but Chinese parts. I was told that they aren't made in the US anymore. All for higher profits and bonuses. 

Want to know who is the real problem in the US? Look no further than the boardroom and even stock holders. These are who drove out the jobs in search of profits

In reply to by Amendment X